Binance, the world’s largest crypto exchange, announced the listing of two new meme coins on Monday: ACT I: The AI Prophecy (ACT) and Peanut the Squirrel (PNUT). The news led to significant price increases for both tokens, with the price of ACT increasing by over 1,300% and the price of PNUT by 250%.
ACT and PNUT attract significant interest, similar to that of the others best Solana coins in the crypto community after being listed on the crypto exchange.
Binance Lists AI Prophecy and Peanut the Squirrel Tokens
According to Official announcement from Binancethe exchange will open spot trading for ACT and PNUT from November 11. Users can trade these coins in ACT/USDT and PNUT/USDT pairs. Withdrawals will be open from November 12, adding liquidity options for both tokens. This triggered a massive price rise in ACT and PNUT.
Both ACT and PNUT are listed with Binance Seed Tag applied, indicating that they carry higher volatility and risk. ACT I: The AI Prophecy coin adds an AI-themed twist to the meme coin space. Peanut the Squirrel joins ACT as another fun addition for speculative traders on the stock market.
However, users in certain regions, including the United States, Canada, and the Netherlands, will not be able to trade ACT and PNUT. These limitations follow compliance efforts to meet regional regulations and ensure user safety.
List Raises Concerns in Crypto Market
Experts such as Leonidas have warned that Binance has become a “pump and dump” engine that deliberately harms retail investors and creates an unhealthy coin market. Whales and large investors usually buy and sell these tokens after a few hours and weeks, trapping smaller investors, some crypto participants claimed.
ACT price is currently trading at $0.35, up 1,300% in the last 24 hours, with a high of $0.36 and a low of $0.019. The token’s trading volume increased by almost 4,000% over the past day, indicating strong market interest.
Meanwhile, PNUT price is trading at $0.37, marking a 250% gain in the last 24 hours. The 24-hour high and low are $0.42 and $0.091, respectively. The 24-hour volume stands at $306 million, further demonstrating the growing popularity of the token.
The ACT price increase aligns with the current coin season. The trend has recently seen Dogecoin climbs to sixth positionsurpassing XRP and USDC.
Quince stick
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